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Hinduja Global’s Subsidiary Entered Into Strategic Alliance With 7Star Group

Hinduja Global’s Subsidiary Entered Into Strategic Alliance With 7Star Group

28 March 2024

On March 28, 2024, ONEOTT Intertainment Ltd (OIL), a part of NXTDIGITAL Media Group and a subsidiary of Hinduja Global Solutions Ltd (HGS), announced a strategic alliance with 7Star Group, a leading regional Internet Service Provider (ISP). As per the terms of the alliance, OIL will share infrastructure and technology with 7Star – leveraging both …

Latent View Analytics To Acquire Revenue Growth Management Solutions Provider Decision Point

Latent View Analytics To Acquire Revenue Growth Management Solutions Provider Decision Point

28 March 2024

On March 28, 2024, the Board of Directors of Latent View Analytics Limited gave the green light for the strategic investment to acquire up to 100% of the total paid-up equity share capital of Decision Point Private Limited, an AI solution provider. LatentView has agreed to acquire up to 100% of the paid-up equity share …

Jio Financial’s Subsidiary Invests ₹2.50 Crore in Reliance International Leasing IFSC Ltd

Jio Financial’s Subsidiary Invests ₹2.50 Crore in Reliance International Leasing IFSC Ltd

28 March 2024

On March 27, 2024, Jio Financial Services Ltd stated in an exchange filing that the company’s wholly-owned subsidiary has invested in Reliance International Leasing IFSC Limited. Jio Financial Services’ Expansion Move On Wednesday, Jio Financial Services Ltd informed the exchanges that their wholly-owned subsidiary, Jio Leasing Services Limited (JLSL), along with its nominees, invested ₹2.50 …

RateGain’s Adara Platform Upgrade: Revolutionising Destination Expenditure Reports

RateGain’s Adara Platform Upgrade: Revolutionising Destination Expenditure Reports

28 March 2024

On March 28, 2024, RateGain Travel Technologies Limited informed in stock exchange filings that the company’s Adara is set to help Destination Marketing Organizations (DMOs) track ROI accurately using visitor spending data. Details of the Upgrade The RateGain company, Adara, which is one of the largest data exchange platforms in the world that provides access …

Kotak Mahindra Bank Acquires Sonata Finance for ₹537 Crore

Kotak Mahindra Bank Acquires Sonata Finance for ₹537 Crore

28 March 2024

On March 28, 2024, Kotak Mahindra Bank acquired a 100% stake in Sonata Finance Private Limited for a total consideration of around ₹537 crore. Details of the Acquisition On Thursday, the Indian bank and financial services company Kotak Mahindra Bank informed in the stock exchange filing that they had acquired Sonata Finance Private Limited, which …

Caplin Point Jumps Over 5% as Its Arm Gets USFDA Approval For Generic Eye Drop

Caplin Point Jumps Over 5% as Its Arm Gets USFDA Approval For Generic Eye Drop

28 March 2024

On Thursday, Caplin Point Laboratories shares price rose by 5.25% to trade at Rs 1326.15, from its previous closing of Rs 1,259.95 on the BSE. USFDA approval for generic eye drop Caplin Point Laboratories’ subsidiary, Caplin Steriles has been granted final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New …

Texmaco Rail & Engineering Gears Up for Growth with QIP of ₹250 Crore

Texmaco Rail & Engineering Gears Up for Growth with QIP of ₹250 Crore

28 March 2024

Texmaco Rail & Engineering Ltd (Texmaco), a leading player in India’s railway equipment manufacturing sector, has successfully completed a Qualified Institutional Placement (QIP) of ₹250 crore. For this, the company approved the issue and allotment of 1,61,29,032 Equity Shares of the face value of ₹1 per equity share to eligible, qualified institutional buyers at the …

Varun Beverages Acquires South African Beverage Firm Bevco

Varun Beverages Acquires South African Beverage Firm Bevco

28 March 2024

On March 27, 2024, Varun Beverages Ltd informed in an exchange filing that the company had completed the acquisition of the South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries. Details of the Acquisition On Wednesday, PepsiCo’s largest franchise bottler, Varun Beverages Ltd, stated in a regulator filing that the company had acquired The …

REC Ltd’s Board Sets ₹1.6 Lakh Crore Borrowing Limit for FY 2024-25

REC Ltd’s Board Sets ₹1.6 Lakh Crore Borrowing Limit for FY 2024-25

28 March 2024

On March 27, 2024, State-owned REC Ltd informed in an exchange filing that the company’s board had approved an overall borrowing limit of ₹1,60,000 crore for 2024-25. Breakdown of Borrowing Limit On Wednesday, REC Ltd’s board held a meeting and approved a borrowing limit of ₹1.6 lakh crore, which includes ₹1,45,000 bonds and term loans, …

Dynacons Systems and Solutions Limited Small Cap IT Stock with 100x Returns

Dynacons Systems and Solutions Limited Small Cap IT Stock with 100x Returns

28 March 2024

Dynacons Systems and Solutions Limited is an information technology (IT) solutions company engaged in systems integration, including the sale of IT products and services. Its segments include System Integration and Technology Workforce Augmentation Services. There is a significant surge in the Dynacons Systems and Solutions share price today. Share Performance At the start of the …

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